If something catastrophic happened to you today, would you be able to financially survive it?

That's the question that financial guru Deborah Fowles would like us to ask ourselves. In fact, she states that "if you don't have an emergency fund equal to three to six months worth of basic living expenses, you're living on the edge." The article goes into how much you need in an emergency fund, where you need to put it, and why it's imperative to have one. And don't panic - it's never too late to start saving for that rainy day. — Wendy Boswell